3 in Finance

3/26: Celestial AI (Santa Clara, CA), creator of an AI computing platform intending to service deep learning and machine learning applications, raised $175M of Series C venture funding in a deal led by US Innovative Technology Fund, placing the company’s pre-money valuation at $1B. (Link)

3/17: Run:AI (Israel), GPU orchestration software provider, was acquired by Nvidia for an estimated $1B. (Link)

3/4: MiniMax AI (China), developer of an AI model promoting social connections and interactions, raised an estimated $600M of Series B venture funding in a deal led by Alibaba and Vitalbridge Capital. (Link)

3 for Fun

Elon Musk suing OpenAI for abandonment of original mission for profit. (Link)

Apple in discussions to let Google’s Gemini power iPhone AI features. (Link)

Amazon allowing sellers to create listings through a URL with AI. (Link)